Market Overview for Acala Token/Tether (ACAUSDT)

Summary
• ACAUSDT tested key resistance near $0.0098, forming mixed bullish and bearish 5-minute patterns.
• Momentum waned in the RSI near 55, suggesting neutral territory with no clear overbought or oversold signals.
• Volatility expanded in the latter half of the day, with volume surging past 800,000 as price hovered near the upper Bollinger Band.
• A 20-period MA crossed above the 50-period MA midday, hinting at potential short-term bullish momentum.
• The 5-minute chart shows a consolidation around 0.0097–0.0098, with a 61.8% Fibonacci level at 0.0098 acting as a key pivot.

Acala Token/Tether (ACAUSDT) opened at $0.0097 on 2025-12-19 12:00 ET, reached a high of $0.0100, and closed at $0.0098 on 2025-12-20 12:00 ET, with a low of $0.0095. Total volume for the 24-hour period was approximately 13,424,489.58, and notional turnover amounted to roughly $128,319.76.

Structure & Formations

ACAUSDT exhibited a range-bound profile with 0.0098 acting as a key resistance and 0.0097 as a key support. A few bullish 5-minute patterns formed in the afternoon, but bearish consolidation followed in the evening, resulting in a mixed technical bias.

Moving Averages

Short-term bullish momentum emerged midday as the 20-period MA crossed above the 50-period MA. By evening, however, the 50-period MA began to catch up, suggesting a potential retesting of key support levels in the near future.

MACD & RSI

The RSI lingered around 55–58 for much of the day, indicating neutral momentum without strong overbought or oversold conditions. MACD remained in positive territory, though with a flattening histogram, signaling waning bullish momentum.

Bollinger Bands

Price action showed a moderate volatility expansion after 04:00 ET, with ACAUSDT frequently touching the upper Bollinger Band. A potential reversal or consolidation could emerge if the asset fails to break above 0.0098 and reverts to the mid-band.

Volume & Turnover

Volume spiked above 800,000 at 02:15 ET as ACAUSDT approached 0.0099, but failed to follow through with a sustained move. Turnover was in line with volume, though price/turnover divergence emerged in the late hours, indicating cautious trader behavior.

Fibonacci Retracements

The 61.8% Fibonacci retracement level at $0.0098 held as a key pivot, with price bouncing off this level multiple times. A breakout above 0.0099 could extend the move toward 0.0100, while a breakdown below 0.0097 could trigger a deeper test of earlier support.

Looking ahead, ACAUSDT may consolidate around 0.0097–0.0098 over the next 24 hours, with traders closely watching the 0.0098 level for direction. A breakout above could attract new buyers, but a breakdown risks renewed bearish pressure. Investors should remain cautious of thin volume at key levels.